Executive Cars - LATAM
LATAM- Revenue in the Executive Cars market is projected to reach US$9bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 44.61%, resulting in a projected market volume of US$56bn by 2029.
- Executive Cars market unit sales are expected to reach 193.5k vehicles in 2029.
- The volume weighted average price of Executive Cars market in 2024 is expected to amount to US$77k.
- From an international perspective it is shown that the most revenue will be generated China (US$63bn in 2024).
The Executive Cars Market segment includes passenger cars of an average footprint around 4.6m2 (50 ft2), an average mass around 1855kg (4100lbs) and a passenger/cargo volume larger than 3.4 m3 (120 ft3). Due to their high performance and comfort features, executive cars are often viewed as status symbols. Company cars account for a large share of the Executive Cars segment. All key figures shown represent the sales of new executive cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models.
- European Car Segment: E (Executive Cars)
- US Car Segment: Large Cars
- Chinese Car Segment: Category B
- Also known as: Full-size Cars, Mid-size Luxury Cars
Example models: Audi A6, BMW 5 Series, Jaguar XF, Volvo S80.
In-Scope
- Passenger cars - Executive cars
- Premium executive cars
Out-Of-Scope
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